👀 Ones to watch: The MOST undervalued shares to buy right nowSee Undervalued Shares

France shares lower at close of trade; CAC 40 down 1.32%

Published 24/05/2018, 02:35 am
© Reuters.  France shares lower at close of trade; CAC 40 down 1.32%
FCHI
-
OREP
-
PERP
-
ORAN
-
RENA
-
MT
-
SESFd
-
ILD
-
VANTI
-
FTI
-
SBF120
-
FROG
-
FRBM
-
FRIN
-
ENX
-
VCAC
-

Investing.com – France equities were lower at the close on Wednesday, as losses in the Oil & Gas, Basic Materials and Industrials sectors propelled shares lower.

At the close in Paris, the CAC 40 declined 1.32%, while the SBF 120 index declined 1.22%.

The biggest gainers of the session on the CAC 40 were L’Oreal SA (PA:OREP), which rose 0.73% or 1.50 points to trade at 206.80 at the close. Pernod Ricard SA (PA:PERP) added 0.53% or 0.75 points to end at 141.70 and Orange SA (PA:ORAN) was up 0.47% or 0.07 points to 14.95 in late trade.

Biggest losers included Renault SA (PA:RENA), which lost 5.36% or 4.92 points to trade at 86.95 in late trade. ArcelorMittal SA (AS:MT) declined 4.72% or 1.420 points to end at 28.695 and TechnipFMC PLC (PA:FTI) shed 4.56% or 1.32 points to 27.63.

The top performers on the SBF 120 were Technicolor (PA:TCH) which rose 3.92% to 1.592, Iliad (PA:ILD) which was up 2.72% to settle at 145.40 and SES (PA:SESFd) which gained 2.66% to close at 13.53.

The worst performers were Euronext (PA:ENX) which was down 6.27% to 51.60 in late trade, Renault SA (PA:RENA) which lost 5.36% to settle at 86.95 and ArcelorMittal SA (AS:MT) which was down 4.72% to 28.695 at the close.

Declining stocks outnumbered rising ones by 419 to 154 and 92 ended unchanged on the Paris Stock Exchange.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was up 14.46% to 14.36 a new 1-month high.

In commodities trading, Gold Futures for June delivery was down 0.03% or 0.40 to $1291.60 a troy ounce. Meanwhile, Crude oil for delivery in July fell 0.75% or 0.54 to hit $71.66 a barrel, while the July Brent oil contract fell 0.49% or 0.39 to trade at $79.18 a barrel.

EUR/USD was down 0.68% to 1.1700, while EUR/GBP fell 0.06% to 0.8765.

The US Dollar Index Futures was up 0.46% at 93.94.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.